NUTIFOOD NUTRITION FOOD JOINT STOCK COMPANY | APEA - Asia Pacific Enterprise Awards Asia Pacific Enterprise Awards

CORPORATE EXCELLENCE CATEGORY

NUTIFOOD NUTRITION FOOD JOINT STOCK COMPANY

Information about the Company
Vietnamese dairy company Nutifood Nutrition Food JSC (Nutifood) has been developing special nutritional products to replace imported products with the culmination of GrowPLUS+.

Nutifood was honored as the National Brand in 2018 and is currently among the top 3 largest dairy companies in Vietnam with 5,300 employees, 6 factories nationwide, an establishment in Sweden with Nutifood Nutrition Research Institute in Sweden – NNRIS, and a world-class factory.

The company’s mission is to satisfy special nutritional needs for each age group and various diseases; provide daily nutritional solutions for every family; and contribute to the overall physical development of the Vietnamese. Meanwhile, its vision is to become a world-class company in nutrition science and healthcare.

Company Culture & Company Activities
Nutifood was honored as the “Best Workplaces in Asia 2020-2021” (HR Asia) which was a recognition of the company's effort to build a happy and productive working environment. CEO, Dr. Trần Thị Lệ stated that: “I want all of Nutifood’s employees to be happy when coming to work every day so that they can work hard and efficiently and go home with happiness".

To fulfill this desire, the company has a set of 7 core values which include Integrity, Responsibility, Collaboration, Expertise, Effectiveness, Resilience, and Distinction. The company practices these values in everything it does.

With the motto to contribute to the community, Nutifood has an annual budget for corporate social responsibility (CSR) activities. For instance, the company helped to fight against COVID-19 by donating over VND100 billion to support the government, frontline and medical staff, patients, and communities in isolated areas. Additionally, the company began its journey of providing "Millions of nutritious meals for children to overcome the epidemic”. It raised VND1 million for nutritional products (Värna) to support frontline medical staff and COVID-19 patients nationwide and donated 6,500 Mid-Autumn gifts for children and patients in over 40 COVID-19 treatment hospitals.
Achievements & Impact
From 2016 to 2018, Nutifood GrowPLUS+ was recognized as Vietnam's Best-Selling Product in Specialty Milk for the children’s category. The brand continues to rank as the No.1 Brand in the Infant and Grownup Milk segment, in terms of market share, for 2 consecutive years from 2020 to 2021.

Aiming for sustainable growth, the company strives to pursue the “product quality is the core” strategy. Nutifood wants to develop many nutritional products that meet the specific nutritional demands of Vietnamese people as well as satisfy international standards and constantly acquire global achievements. The launch of Nutifood Sweden and Nutifood Nutrition Research Institute in Sweden – NNRIS is evidence of that effort. The launch of the event in April 2020 welcomed the ambassadors of the Embassy of Sweden, representatives from medical associations, and universities nationwide to sign memorandums of understanding (MOUs) to participate in research, education, and training to improve the standard of nutritional operations in the community.

From 2020 to 2021, Nutifood continuously launches various new products with exclusive formulas from NNRIS that are specially formulated for specific requirements of Vietnamese kids and consumers. FDI formula (Foundation of Digestion & Immunity) was introduced in baby milk powder brands such as GrowPLUS+, Famna, and Nuti IQ Gold as a key foundation for children’s comprehensive growth. Besides, the company has also launched a dairy farm named "NutiMilk" which produces world-class quality of fresh milk with 3.5g of protein and 4.0g of fat in 100ml.

Future Direction
Nutifood has made significant contributions to reducing the rate of malnutrition in children to 19.8%. It aims to reduce its rate by 15% by 2025 and eliminate other health problems such as obesity and overweight through its products.

For its powdered milk category, Nutifood plans to continuously promote premium brands that are 100% made in Sweden. Moreover, it aims to invest in high-standard European nutritional solutions at the Nutifood Nutrition Research Institute in Sweden - NNRIS to meet the specific nutritional and physical needs of Vietnamese children and consumers. The company will also promote ready-to-drink powdered milk products to serve the trend of consumers who prefer convenience.

For its liquid milk category, Nutifood will continuously develop high-standard NutiMilk fresh milk and many different product lines by branching out into eating yogurt, drinking yogurt, and soy milk product lines to cater to diverse consumer tastes.

In addition, the company plans to invest in the Ong Bau coffee chain to reach the milestone of 10,000 coffee stores opening nationwide by 2022. It will also heavily promote export activities to the U.S., European and Asian markets.

CORPORATE EXCELLENCE CATEGORY

NUTIFOOD NUTRITION FOOD JOINT STOCK COMPANY

Information about the Company
Vietnamese dairy company Nutifood Nutrition Food JSC (Nutifood) has been developing special nutritional products to replace imported products with the culmination of GrowPLUS+.

Nutifood was honored as the National Brand in 2018 and is currently among the top 3 largest dairy companies in Vietnam with 5,300 employees, 6 factories nationwide, an establishment in Sweden with Nutifood Nutrition Research Institute in Sweden – NNRIS, and a world-class factory.

The company’s mission is to satisfy special nutritional needs for each age group and various diseases; provide daily nutritional solutions for every family; and contribute to the overall physical development of the Vietnamese. Meanwhile, its vision is to become a world-class company in nutrition science and healthcare.

Company Culture & Company Activities
Nutifood was honored as the “Best Workplaces in Asia 2020-2021” (HR Asia) which was a recognition of the company's effort to build a happy and productive working environment. CEO, Dr. Trần Thị Lệ stated that: “I want all of Nutifood’s employees to be happy when coming to work every day so that they can work hard and efficiently and go home with happiness".

To fulfill this desire, the company has a set of 7 core values which include Integrity, Responsibility, Collaboration, Expertise, Effectiveness, Resilience, and Distinction. The company practices these values in everything it does.

With the motto to contribute to the community, Nutifood has an annual budget for corporate social responsibility (CSR) activities. For instance, the company helped to fight against COVID-19 by donating over VND100 billion to support the government, frontline and medical staff, patients, and communities in isolated areas. Additionally, the company began its journey of providing "Millions of nutritious meals for children to overcome the epidemic”. It raised VND1 million for nutritional products (Värna) to support frontline medical staff and COVID-19 patients nationwide and donated 6,500 Mid-Autumn gifts for children and patients in over 40 COVID-19 treatment hospitals.
Achievements & Impact
From 2016 to 2018, Nutifood GrowPLUS+ was recognized as Vietnam's Best-Selling Product in Specialty Milk for the children’s category. The brand continues to rank as the No.1 Brand in the Infant and Grownup Milk segment, in terms of market share, for 2 consecutive years from 2020 to 2021.

Aiming for sustainable growth, the company strives to pursue the “product quality is the core” strategy. Nutifood wants to develop many nutritional products that meet the specific nutritional demands of Vietnamese people as well as satisfy international standards and constantly acquire global achievements. The launch of Nutifood Sweden and Nutifood Nutrition Research Institute in Sweden – NNRIS is evidence of that effort. The launch of the event in April 2020 welcomed the ambassadors of the Embassy of Sweden, representatives from medical associations, and universities nationwide to sign memorandums of understanding (MOUs) to participate in research, education, and training to improve the standard of nutritional operations in the community.

From 2020 to 2021, Nutifood continuously launches various new products with exclusive formulas from NNRIS that are specially formulated for specific requirements of Vietnamese kids and consumers. FDI formula (Foundation of Digestion & Immunity) was introduced in baby milk powder brands such as GrowPLUS+, Famna, and Nuti IQ Gold as a key foundation for children’s comprehensive growth. Besides, the company has also launched a dairy farm named "NutiMilk" which produces world-class quality of fresh milk with 3.5g of protein and 4.0g of fat in 100ml.

Future Direction
Nutifood has made significant contributions to reducing the rate of malnutrition in children to 19.8%. It aims to reduce its rate by 15% by 2025 and eliminate other health problems such as obesity and overweight through its products.

For its powdered milk category, Nutifood plans to continuously promote premium brands that are 100% made in Sweden. Moreover, it aims to invest in high-standard European nutritional solutions at the Nutifood Nutrition Research Institute in Sweden - NNRIS to meet the specific nutritional and physical needs of Vietnamese children and consumers. The company will also promote ready-to-drink powdered milk products to serve the trend of consumers who prefer convenience.

For its liquid milk category, Nutifood will continuously develop high-standard NutiMilk fresh milk and many different product lines by branching out into eating yogurt, drinking yogurt, and soy milk product lines to cater to diverse consumer tastes.

In addition, the company plans to invest in the Ong Bau coffee chain to reach the milestone of 10,000 coffee stores opening nationwide by 2022. It will also heavily promote export activities to the U.S., European and Asian markets.